High Growth Tech Stocks to Watch in January 2025

The United States market has experienced a robust performance, rising 3.2% in the last week and climbing 24% over the past year, with all sectors showing gains and earnings projected to grow by 15% annually. In this thriving environment, identifying high growth tech stocks involves looking for companies that demonstrate strong innovation potential and adaptability to sustain momentum amid evolving market conditions.

Top 10 High Growth Tech Companies In The United States

Name	Revenue Growth	Earnings Growth	Growth Rating
Exelixis	62.05%	20.47%	★★★★★★
Super Micro Computer	24.13%	24.28%	★★★★★★
Ardelyx	21.46%	55.24%	★★★★★★
AVITA Medical	33.33%	51.81%	★★★★★★
Alkami Technology	21.99%	102.65%	★★★★★★
TG Therapeutics	29.87%	43.91%	★★★★★★
Bitdeer Technologies Group	50.44%	122.48%	★★★★★★
Clene	61.16%	59.11%	★★★★★★
Alnylam Pharmaceuticals	21.43%	56.40%	★★★★★★
Travere Therapeutics	30.02%	61.89%	★★★★★★

Click here to see the full list of 229 stocks from our US High Growth Tech and AI Stocks screener.

Here's a peek at a few of the choices from the screener.

Netflix (NasdaqGS:NFLX)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Netflix, Inc. offers entertainment services and has a market capitalization of $366.80 billion.

Operations: The company generates revenue primarily through its streaming entertainment service, which accounts for $37.59 billion.

Netflix's strategic moves, including a significant distribution deal with EverPass for NFL games, underscore its adaptability in the competitive streaming landscape. This partnership not only broadens Netflix’s sports content but also enhances its commercial reach, aligning with recent trends where platforms expand into live sports to boost viewer engagement. Financially, Netflix has demonstrated robust performance with a 71.9% earnings growth over the past year, outpacing the Entertainment industry's -8.3%. Despite forecasts suggesting a moderate revenue growth rate of 9.8% annually—slightly above the US market average of 9%—its projected earnings growth remains strong at 15.5% per year, indicating potential sustained profitability and an above-market Return on Equity forecasted at 34.6% in three years' time.

• Unlock comprehensive insights into our analysis of Netflix stock in this health report.

• Examine Netflix's past performance report to understand how it has performed in the past.

Okta (NasdaqGS:OKTA)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Okta, Inc. operates as an identity partner both in the United States and internationally, with a market capitalization of $14.96 billion.

Operations: The company generates revenue primarily from its Internet Software & Services segment, amounting to $2.53 billion. With a focus on identity solutions, it serves clients globally, leveraging its expertise in secure access and identity management.

Okta's recent pivot towards enhanced cybersecurity measures, particularly through its partnership with Persona for automated identity verification, underscores its strategic alignment with evolving security needs in a cloud-centric world. This collaboration is poised to fortify defenses against sophisticated cyber threats like phishing and deepfakes, crucial as businesses increasingly depend on digital identities. Financially, Okta has shown significant progress, turning a previous year's net loss into a net income of $16 million in the latest quarter with revenues rising to $665 million from $584 million. The forecasted revenue growth of 15% year-over-year signals a robust trajectory as Okta transitions into profitability, reflecting both market confidence and operational efficiency.

• Click here to discover the nuances of Okta with our detailed analytical health report.

• Gain insights into Okta's past trends and performance with our Past report.

Take-Two Interactive Software (NasdaqGS:TTWO)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Take-Two Interactive Software, Inc. is a company that develops, publishes, and markets interactive entertainment solutions for consumers globally, with a market cap of approximately $32.74 billion.

Operations: The company generates revenue primarily from its publishing segment, which accounts for $5.46 billion.

Take-Two Interactive Software, despite a challenging financial landscape marked by a net loss reduction from $543.6 million to $365.5 million year-over-year, is positioning itself for recovery with anticipated profitability within three years. This shift is underscored by its strategic focus on high-profile game releases like PGA TOUR 2K25, which features innovations such as EvoSwing mechanics and expanded major tournament play in its MyCAREER mode, aiming to enhance player engagement and expand its market reach. Moreover, the company's R&D dedication is evident from its continuous investment in game development and technology enhancements, crucial for maintaining competitiveness in the dynamic gaming industry.

• Click here and access our complete health analysis report to understand the dynamics of Take-Two Interactive Software.

• Review our historical performance report to gain insights into Take-Two Interactive Software's's past performance.

Turning Ideas Into Actions

• Dive into all 229 of the US High Growth Tech and AI Stocks we have identified here.
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Ready To Venture Into Other Investment Styles?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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